The company reported solid results in Q4 16. Revenues increased 6% to €6.72bn. Cloud subscriptions and support revenues increased 30.9% to €827m, licence revenues 1.4% to €2.18bn and maintenance and support revenues 6% to €2.76bn. EBITDA increased 42.1% to €2.2bn and the EBITDA margin improved from 24.6% to 33%. Real EBIT jumped 52.2% to €1.88bn and the EBIT margin increased from 19.5% in Q4 15 to 28%. Net income jumped 79.4% to €1.5bn. In the financial year
24 Jan 2017
Solid results and guidance for 2020 raised!
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Solid results and guidance for 2020 raised!
SAP SE (SAP:WBO) | 0 0 0.2% | Mkt Cap: 103,244m
- Published:
24 Jan 2017 -
Author:
Heinz Steffen -
Pages:
3
The company reported solid results in Q4 16. Revenues increased 6% to €6.72bn. Cloud subscriptions and support revenues increased 30.9% to €827m, licence revenues 1.4% to €2.18bn and maintenance and support revenues 6% to €2.76bn. EBITDA increased 42.1% to €2.2bn and the EBITDA margin improved from 24.6% to 33%. Real EBIT jumped 52.2% to €1.88bn and the EBIT margin increased from 19.5% in Q4 15 to 28%. Net income jumped 79.4% to €1.5bn. In the financial year